The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.

Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.

Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief ...

Sen. Elizabeth Warren (D-MA) scolded CNBC anchor Sarah Eisen for defending the Federal Reserve lifting a punitive asset cap on Wells Fargo after seven years.

Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s ...

Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...

At the time, Scharf said that once the cap was lifted Wells Fargo would be able to expand in a "controlled and linear way," especially within corporate deposits and its corporate and investment ...

After six-plus years under an asset cap imposed by the Federal Reserve, Wells Fargo (WFC) is now free to expand its balance ...

Wells Fargo CEO Charles Scharf joins CNBC's 'Squawk on the Street' to discuss the San Francisco-based lender's response to ...

Wells Fargo & Co. WFC +3.27% + Free Alerts just got a green light from the Federal Reserve to break free from a major ...

Wells Fargo's growth accelerates as the Federal Reserve lifts its asset cap. Discover how this shift opens new earnings drivers and market opportunities.

Wells Fargo (WFC) stock is rising after the Federal Reserve removed its asset cap, a restriction imposed after the 2016 ...